Rolls bought directly from the mint vs: privately wrapped rolls.

IMHO saving unopened rolls, boxes, bags, or other containers of coins is neither coin collecting nor investing - it's just plain old fashioned gambling.

As a collector, I want to be able to view, and even handle, my coins. I would get no joy from having a bunch of invisible coins.

As an investor I want to own things with a genuine prospect of either producing significant income, or substantially increasing in value within a reasonable time frame. Among the myriad of books and seminars touting various means of finding and benefitting from those things, I've never seen one that recommends saving stuff with little or no intrinsic value in the hope that someday it will be desired by a lot of people. Of course it turns out well sometimes, but percentage wise you are probably better off investing in some startup company doing things you don't understand in the hope of finding the next Microsoft.

In many ways unopened rolls, etc., remind me of unopened wine bottles that sell for ridiculous amounts. People don't want to open them because they are too expensive to "just drink", and when on some special occasion they do, it's not unusual to discover that all that money went to buy vinegar!

 

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an end roller is a small handheld crimping tool that you put on the end of roll and then twist to close the roll and make it look just like a bank-wrapped roll.

Here is a link to one for sale on eBay.

You should be able to buy a bag of assorted paper rolls for a couple of dollars. Again eBay is a good option here too.

or you can call this guy about his machine.

 

The product is called Twist-n-Crimp. The tool only costs $2.95 plus shipping.

I think it's a pretty cool device. The only thing I can see is that people can make fraudulant auctions because they look like sealed bank rolls. Old style coin wrappers are still easy to come by. Using the crimper and older coin rolls, you can fool the buyer into thinking they are actually bank wrapped rolls and therefore unsearched.

There are plenty of guys that are in the business of getting old collections, cherry picking them and then selling them off as they were actually unsearched.

However, I do favor the professionally crimped rolls. They are wrapped tighter and store more easily than having the tops folded over. I think I will order a set for myself.

 

I can certainly understand the hint of frustration you feel... but as a hobby... isnt it all about the fun over the prospect of making money? I, as well as most, certainly hope to make money, but its the fun i have doing what i do that makes me go back for more... I am certain that all the time you spent putting the best coin in one roll, and the second best in another, was very enjoyable for you at the time. Dont second guess that enjoyment now....

 

It all comes from the enjoyment people get out of collecting. If nobody really enjoyed collecting coins, they wouldn't be more than bits of metal that got in the way.

 

rolls from u.s.mint or the dealers

should i buy rolls directly from the u.s.mint or the old fashion way to obtain it from a dealer?. the dealers newsletter does not separate these two suppliers for pricing the rolls. can it be in the future?. or stay the same. in case, it is the same. then the u.s.mint is pricing too much and too high. specially when you are buying plenty of rolls. and another thing. why the dealers not printing its wrapper paper attratively to compete with the mint?. someone?.

 

rolls cdn bid prices

if you owned rolls of coins. you might as well check it out at cdn bid and ask prices. you might lose a lot of money. just like any other antiques or modern coins. the dealers will buy from you at a very low price. usually people losing at least 40% or more. beside from that, rolls from dealers and the mint, those coins have a lot of bag mark. but anyway it is new and shining. as long as you bought it at around $3.00 a roll. those bought it at $8.95 a two rolls set or $4.50 a roll were a little bit higher. but who knows, 2004 peace medal went up to $24.95 a roll.